Global TradFi & Macroeconomics

Korean retail investors held 27.1% of the Direxion Daily Semiconductor Bull 3X Shares (SOXL) market capitalization as of the end of last month, according to Korea Securities Depository data released on the 3rd. The 52.38 billion USD held by Korean investors in SOXL represents a dominant position in

According to Korea Securities Depository, Korean retail investors held $5.24 billion in SOXL (Direxion Daily Semiconductor Bull 3X ETF) as of end of August, representing 27.1% of the leveraged fund's $19.3 billion global market cap. On September 1 alone, Korean investors' trading volume in SOXL

South Korea's foreign exchange reserves reached $442.28 billion at the end of August, up $14.33 billion from July's $427.95 billion. The Bank of Korea reported on September 3 that the increase was primarily driven by a significant rise in foreign currency deposits at financial institutions,

In August, U.S. ADP employment data fell short of expectations, while Federal Reserve officials said current interest rates were appropriate. Separately, former President Trump reiterated his intention to strike Iran, causing the yen to surge intraday and triggering speculation about possible

According to the Bank of Korea, South Korea's foreign exchange reserves rose by $14.33 billion to reach $442.28 billion by the end of August. The central bank attributed the increase primarily to higher foreign currency deposits held by financial institutions, along with higher operating returns

KOSPI is expected to recover on September 3rd following a 3.99% decline to 6562.72 on September 2nd, supported by bargain hunting and a US market rebound. The anticipated recovery stems from stabilizing US Treasury yields and strong performance in AI-related stocks including NVIDIA. KOSPI200 night f

Daishin Securities upgraded its third-quarter operating profit forecast for Samsung Electro-Mechanics (ticker 009150) on the 3rd, projecting 636.3 billion won—surpassing both its prior estimate of 613 billion won and the market consensus of 596 billion won. The brokerage maintained its 'Buy' rating

According to E-Daily, U.S. stocks rebounded on September 2 after three consecutive days of decline, with the Dow Jones gaining 0.56% to 53,061.95, the S&P 500 rising 0.46% to 7,666.60, and the Nasdaq advancing 0.45% to 26,217.83. The 10-year Treasury yield retreated to 4.793% from intraday highs, an

According to NEWSIS, KOSPI-related futures rose 1.40% overnight on September 2-3, 2026, following a 3.99% decline the previous day, as U.S. Treasury yields stabilized and technology stocks rebounded. The S&P 500 index gained 0.46% to 7,666.60, while the Nasdaq Composite advanced 0.45% to 26,217.83,

According to Daishin Securities analyst Park Gang-ho on September 2, Samsung Electro-Mechanics (009150) is expected to deliver Q3 operating profit of 636.3 billion won, up 144.5% year-over-year and exceeding both the prior estimate of 613 billion won and market consensus of 596 billion won. The

John Lee of '존리의 부자학교' recommended ETF investing and stressed long-term accumulation over quick profits on YouTube channel '새멋TV' on the 2nd. Lee addressed concerns after reports of young investors losing money in stocks. The video titled 'What You Must Know If Investing in Stocks for Retirement

According to Financial News, Jon Lee, founder of Jon Lee's Wealth School, recommended S&P 500 and KOSPI 200 ETFs on September 2 via his YouTube channel, emphasizing long-term wealth accumulation over quick returns. In addressing investor concerns about losses from leveraged products, Lee stressed th

According to the Federal Reserve's Beige Book released on Sept. 3, the U.S. economy showed moderate growth over the past two months, with data center demand emerging as a key driver. The report mentioned artificial intelligence 19 times and data centers 25 times, reflecting their prominence in

Meritz Securities lowered its target price for Korea Circuit from 170,000 won to 90,000 won while maintaining a 'buy' rating, citing weaker-than-expected earnings through Q3 before anticipated Q4 recovery. The brokerage reported that Korea Circuit's Q2 consolidated revenue reached 407.2 billion won,

According to economists from China's Institute for New Economy Research and Caitong Securities, August consumer price inflation (CPI) is expected to grow modestly at 0.7% to 0.9% year-over-year. Zhu Keli, founder of the Institute for New Economy Research, forecasts August CPI growth at 0.7%, while S

According to S&P Global, Australia's August Composite PMI rose to a final reading of 52.7, up from 52.5 in July, signaling a modest expansion in the world's 13th-largest economy.

According to Meritz Securities, on September 2, the firm cut its price target for Korea Circuit to 90,000 Korean won from 170,000 won, citing disappointing earnings in the second and third quarters. The firm maintained its 'buy' rating despite the downgrade. Korea Circuit reported Q2 sales

According to S&P Global, Australia's August services sector PMI final reading came in at 53.2, up from the preliminary estimate of 52.9.

The Bank of Korea forecasts that South Korea's lead over China in advanced memory semiconductor production will widen over the next 3 to 5 years, according to a report released by the BOK's China Economic Team on September 3. The projection comes as China's semiconductor exports doubled in the

Broadcom reported quarterly revenue of $29.59 billion and earnings per share of $3.32, with CEO Hock Tan projecting AI-related revenue will double to $110 billion next year and double again the following year. The earnings announcement came as US stocks rebounded after four trading days of